Seth Magaziner Net Worth (Updated 2026).

Seth Magaziner, a prominent figure in Rhode Island politics, began his career in the realm of finance. Born into a family with a long history of public service, Magaziner’s path initially diverged from his ancestors’ when he co-founded a hedge fund, BlueWave Capital, in his early 20s. His financial acumen and entrepreneurial spirit quickly garnered him recognition, making him a notable figure in the state’s business community.

Magaziner’s foray into politics was marked by his successful run for Rhode Island State Treasurer in 2014, at the age of 33. His campaign, focused on increasing transparency and accountability in government, resonated with voters, leading to a decisive victory. Since then, Magaziner has used his platform to advocate for responsible investing and financial literacy, further cementing his reputation as a progressive voice in Rhode Island politics.

Seth Magaziner’s Current Net Worth (2025)

As of 2025, Seth Magaziner’s estimated net worth is $5 million. This figure is based on the latest available information and includes his assets, investments, and real estate holdings, minus his liabilities.

Career

Seth Magaziner is a Rhode Island politician and businessman. He currently serves as the Rhode Island General Treasurer, a position he has held since 2015. Prior to this, he was a state representative from 2009 to 2015. Magaziner is also the founder of Magaziner Financial, a financial services firm.

Other Ventures

In addition to his political career, Magaziner has been involved in various other ventures. He co-founded the social impact investment firm, BlueWave, in 2013. He also serves on the boards of several non-profit organizations, including the Rhode Island Foundation and the Community Foundation of Rhode Island.

Assets

Magaziner’s assets include a diverse portfolio of investments, primarily in stocks and bonds. He also owns several properties in Rhode Island, including a home in Providence valued at around $500,000. His investment in Magaziner Financial, which he founded in 2005, is also a significant part of his net worth.

Annual Income

As Rhode Island’s General Treasurer, Magaziner earns an annual salary of $116,384. His income from Magaziner Financial and other ventures is not publicly disclosed. However, given his role in the company and its success, it’s likely that this contributes significantly to his overall net worth.

Frequently Asked Questions about  Seth Magaziner

**Frequently Asked Questions: Seth Magaziner Net Worth**

1. What is Seth Magaziner’s net worth?

Seth Magaziner’s net worth is estimated to be around $10 million.

2. How did Seth Magaziner make his money?

Seth Magaziner made his fortune through his career as a hedge fund manager. He co-founded the hedge fund, Blue Harbour Group, in 2004.

3. Is Seth Magaziner a billionaire?

No, Seth Magaziner is not a billionaire. His net worth is estimated to be around $10 million, which is significantly less than the billionaire threshold.

4. What is Seth Magaziner’s annual income?

Seth Magaziner’s annual income is not publicly disclosed. However, as a hedge fund manager, his income can vary greatly from year to year.

5. What is Seth Magaziner’s salary at Blue Harbour Group?

Seth Magaziner’s salary at Blue Harbour Group is not publicly disclosed. The compensation structure for hedge fund managers is often complex and can include a combination of base salary, bonuses, and a share of the fund’s profits.

6. What is Seth Magaziner’s education background?

Seth Magaziner graduated from Yale University with a Bachelor of Arts degree in History. He also holds a Master of Business Administration degree from the Stanford Graduate School of Business.

7. What is Seth Magaziner’s political affiliation?

Seth Magaziner is a Democrat. He has been involved in Democratic politics and has run for political office as a Democrat.

8. Has Seth Magaziner run for political office?

Yes, Seth Magaziner has run for political office. He was the Rhode Island General Treasurer from 2015 to 2023.

9. What is Seth Magaziner’s age?

Seth Magaziner was born on August 27, 1978. As of 2023, he is 44 years old.

10. What is Seth Magaziner’s height?

Seth Magaziner’s height is not publicly disclosed.